Fix & Flip Loans in Texas
Texas is the largest non-judicial foreclosure state by volume - 21-day foreclosure timeline once notice posts, which keeps REO inventory flowing for active flippers. Houston and Dallas have the deepest fix-and-flip lender networks; Austin, San Antonio, and El Paso are growing.
Top Texas markets for fix & flip
- Houston: Highest flip volume in TX; broad rehab inventory.
- Dallas / Fort Worth: Strong ARV uplift in mid-tier neighborhoods.
- San Antonio: Lower entry prices; healthy first-time-flipper market.
- El Paso: Border market; ITIN buyer pool overlaps.
Texas quick facts
- •Non-judicial foreclosure (21-day timeline)
- •High property tax 1.6-2.5%
- •Deep flip lender network in TX major metros
- •No state contractor license (some city licenses)
Active programs available in Texas
Bridge Loan for Investors
confirmed 5/9/2026Bridge refinance program for 1-4 unit, multi-family, and mixed-use properties allowing cash out of the entire budget on day one.
Bridge Loan for Investors
confirmed 5/9/2026Bridge loan program for rural properties up to 10 acres with loan amounts up to $10MM.
Fix & Flip Loan for Investors
confirmed 5/9/2026A residential transition loan program designed for real estate investors to finance property renovations and flips on non-owner-occupied properties.
Bridge Loan for Investors
confirmed 5/9/2026A streamlined short-term bridge loan program for non-owner-occupied investment properties, offering interest-only payments and no income documentation requirements for entity-based borrowers.
Bridge Loan for Investors
confirmed 5/10/2026Bridge loan program requiring no income verification or prior experience, with loan amounts up to $3MM.
Bridge Loan for Investors
confirmed 5/9/2026Bridge loan for multi-family and mixed-use properties with loan amounts up to $5MM.
Fix & Flip Loan for Investors
confirmed 5/9/2026Financing for experienced investors and developers focused on fix-and-flip projects with fast closing timelines.
Texas Fix & Flip FAQs
How fast is the Texas foreclosure timeline?
Texas is non-judicial. From notice of default posting to foreclosure sale is approximately 21 days plus a 20-day mailed-notice cure period. Among the fastest in the US.
Are TX flips subject to home occupancy caps?
No state cap. Some HOAs (especially newer master-planned communities like The Woodlands or Cinco Ranch) restrict investor ownership; verify HOA bylaws before closing.
What's the TX property tax impact on flip carrying costs?
TX property tax 1.6-2.5% - meaningful carrying cost on a 6-month flip. Some counties allow disabled-vet or homestead exemptions for new owner; flippers cannot claim homestead.
General fix & flip questions
How is the loan amount calculated?
Two caps apply at the same time: a percentage of purchase price (often 85–90%) plus 100% of rehab budget, AND a percentage of the as-completed value (ARV), typically 70–75%. The lower of the two caps governs.
Do I need experience to get a fix and flip loan?
No, but pricing improves with experience. Most lenders tier rates by completed flips in the last 24–36 months: 0 flips, 1–2, 3–5, 6–10, 10+. First-time flippers with a strong contractor and reserves can still qualify.
How are rehab funds disbursed?
Rehab is held in escrow and released through a draw process — typically 3–6 draws based on completion of scoped line items, with an inspector verifying each draw.
Got a Texas fix & flip scenario?
Tell us the deal - we'll match you with the right Texas lender and come back with current pricing.